2-bed · 2,439 sqftPalmera 4, Arabian Ranches · completed 2008

TH002, Palmera 4

Sold prices and rental history: sold 4 times, last in December 2019, and rented once, from February 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH002 · DLD and Ejari recordsUpdated 15 December 2019
Last soldAED 1.85M15 December 2019
Current rentAED 170K /yr1 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH002, Palmera 4

What is TH002 worth today?

Last sold for AED 1,850,000 in 2019

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15 Dec 2019SoldReady
AED 1,850,000AED 758 per sqft
1 Feb 2017RentedNew contract
AED 170,000/yr36 months · AED 70 per sqft
2 Apr 2015SoldReady
AED 2,950,000AED 1,209 per sqft
28 Apr 2010SoldReady
AED 2,000,000AED 1,353 per sqft
21 Jun 2009Sold by developerReady
AED 544,444AED 368 per sqft

Source: Dubai Land Department. Updated 15 December 2019.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 1.85M · December 2019
Community
Palmera 4

About TH002, Palmera 4

TH002 is a two-bedroom villa of 2,439 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 15 December 2019 for AED 1,850,000, or AED 758 per sqft, 6% above the AED 718 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 February 2017. The current contract, signed on 1 February 2017, is AED 170,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH002 over time

Sales
Villa TH002, each saleTypical two-bed in Palmera 4
2M2008201320182023Typical sale price by year: 2008 AED 1,064,888; 2009 AED 910,944; 2010 AED 1,064,888; 2011 AED 1,137,444; 2012 AED 1,725,000; 2013 AED 2,450,000; 2014 AED 2,000,000; 2015 AED 2,000,000; 2016 AED 2,500,000; 2017 AED 1,960,000; 2018 AED 1,762,500; 2019 AED 1,750,000; 2020 AED 1,400,000; 2021 AED 1,800,000; 2022 AED 2,550,000; 2023 AED 2,700,000; 2024 AED 2,950,000; 2025 AED 2,950,000Sold by developer, June 2009: AED 544,444 (AED 368 per sqft)Sold, April 2010: AED 2,000,000 (AED 1,353 per sqft)Sold, April 2015: AED 2,950,000 (AED 1,209 per sqft)Sold, December 2019: AED 1,850,000 (AED 758 per sqft)

TH002 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH002, each contractTypical two-bed in Palmera 4
100K150K2012201620202024Typical rent by year: 2012 AED 121,250; 2013 AED 130,000; 2014 AED 152,500; 2015 AED 160,000; 2016 AED 152,000; 2017 AED 138,182; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 117,000; 2023 AED 136,333; 2024 AED 165,000; 2025 AED 167,500; 2026 AED 160,000New contract, February 2017: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in Palmera 4, and where TH002 sits

All 76 2-beds →

TH002 last sold in December 2019 at AED 758 per sqft, 6% above what two-beds in Palmera 4 were fetching at the time (AED 718). TH002's AED 170,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
7 Nov 20254,950,000
21 Oct 20252,900,000
16 Oct 20252,950,000
29 Aug 20252,000,000
0 2-bed sales in the last 12 months

Palmera 4

Community

113 villas, 2-bed to 3-bed in Arabian Ranches, completed in 2008 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 160K /yr
Typical yield
Palmera 4, Arabian Ranches: prices, sales and rents →

TH002, Palmera 4 in numbers

  • Sold 4 times: first on 21 June 2009 for AED 544,444, last on 15 December 2019 for AED 1,850,000 (AED 758 per sqft).
  • Rented since February 2017 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 9.2%, before a service charge of about AED 7,500 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 15 December 2019.

Questions about TH002, Palmera 4

What did villa TH002 last sell for?

AED 1,850,000 on 15 December 2019: AED 758 per sqft for 2,439 sqft. The villa has 4 registered sales; the first was AED 544,444 in June 2009.

What is the rent for villa TH002?

AED 170,000 a year on the contract signed on 1 February 2017.

How big is villa TH002?

2,439 sqft (226.6 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH002, Palmera 4

Starts from the last sale price (AED 1.85M, 15 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →